Let's predict: Where is the next housing price boom? (San Francisco: sales, 2015)

[ketch89]

Originally Posted by ccm123

The suburbs off highway 4: Oakley, Discovery Bay and Brentwood.

Completely wrong... These places currently have the highest value relative to the rest of the east bay that they ever will (because they're new). There are no jobs, transit, or cultural amenities whatsoever in these cities. In 20-30 years time, they will be very similar to Antioch in crime and demographics.

[WizardOfRadical]

Originally Posted by ketch89

Completely wrong... These places currently have the highest value relative to the rest of the east bay that they ever will (because they're new). There are no jobs, transit, or cultural amenities whatsoever in these cities. In 20-30 years time, they will be very similar to Antioch in crime and demographics.

LoL!!!!!!!!

[jk88cal]

Not sure if OP was talking about past 5 years or future 5 years.

In any case, my take is best bet is most desirable areas will appreciate the most. So that means peninsula. Sure, some can try to bet on a value area and hope that demographics change and appreciation is higher than average. This might or might not happen.

Check the stats here:Interactive Market Statistics | DeLeon Realty

Many of these peninsula cities grew 60-80% in the past 5 years from 2010 to 2015. Not saying this growth will be sustained in the future. Still, buying in most desirable area is best strategy in real estate. Location, Location, Location.

[netaxcat]

Agree on Hayward, and recently there are activities in Hayward that signals attention.

- I just talked to a major home builder -- after building almost 100 ($1.5M-$2M dollars) homes in the Stonebrae Country Club (Hayward Hills), it just started another couple building projects down in Hayward (close to the Hayward Executive Airport.)

(* I think the area around the Hayward airport has good potential to attract business headquarters. With freeways getting more packed, and charter aircraft services getting more popular. A corporate location right in the middle of Silicon Valley, and next to a small airport, is attractive. *)

- The California State University, East Bay (Hayward Hills) is admitting more students in the recent semesters, the campus has been renovated, and new houses are being built next to the campus.

- The city of Hayward just moved the City General Election from June to November (Measure C.) It will attract move voters turn out, and will attract more big influences to the future city directions.

- In the past months, the city has approved numerous developments that will bring new housings and fresh-air to the areas (Maple & Main, Lincoln Landing, Mission Village, Cherryland Place, etc., etc.)

- An asian-oriented grocery store (Seafood City, has 24 existing store locations) is also opening in the Hayward Southland Mall, which will energize the neighborhood grocery shopping.

- More and more...

With the super-high housing/building prices around the Bay Area, the Hayward area is still 'relatively affordable so far.' (though the nice Hayward Hills area is already getting expensive.)

With the city opening-arms to developments mentioned above, it seems the city wants to grow. Worth to explore, and deals can still be found if look close enough.

Just my two cents. With warm regards,

[boulder2015]

Originally Posted by bmw335xi

I actually think prices are near the top... I think the better question is when will the next crash happen. However, with Trump in the White House I could see the economy getting a second leg before the next crash if he is able to get some deregulations, eliminate the burden of Obamacare on businesses, develop energy like Keystone etc.

You do realize that keystone is canadian oil meant for the chinese? Research next time before opening your piehole...

[shooting4life]

Originally Posted by netaxcat

Agree on Hayward, and recently there are activities in Hayward that signals attention.

- I just talked to a major home builder -- after building almost 100 ($1.5M-$2M dollars) homes in the Stonebrae Country Club (Hayward Hills), it just started another couple building projects down in Hayward (close to the Hayward Executive Airport.)

(* I think the area around the Hayward airport has good potential to attract business headquarters. With freeways getting more packed, and charter aircraft services getting more popular. A corporate location right in the middle of Silicon Valley, and next to a small airport, is attractive. *)

- The California State University, East Bay (Hayward Hills) is admitting more students in the recent semesters, the campus has been renovated, and new houses are being built next to the campus.

- The city of Hayward just moved the City General Election from June to November (Measure C.) It will attract move voters turn out, and will attract more big influences to the future city directions.

- In the past months, the city has approved numerous developments that will bring new housings and fresh-air to the areas (Maple & Main, Lincoln Landing, Mission Village, Cherryland Place, etc., etc.)

- An asian-oriented grocery store (Seafood City, has 24 existing store locations) is also opening in the Hayward Southland Mall, which will energize the neighborhood grocery shopping.

- More and more...

With the super-high housing/building prices around the Bay Area, the Hayward area is still 'relatively affordable so far.' (though the nice Hayward Hills area is already getting expensive.)

With the city opening-arms to developments mentioned above, it seems the city wants to grow. Worth to explore, and deals can still be found if look close enough.

Just my two cents. With warm regards,

I agree. As someone who lives in San Lorenzo the area of Hayward/slz/San Leandro is ripe for additional growth. It is the cheapest centrally located area in the entire bay. As people are pushed from the peninsula and Oakland/SF this area becomes a great option. It will take time, but eventually many neighborhoods will gentrify and be seen similar to Newark and union city.

[PixelatedTherapy]

Concord is also expanding and becoming a desirable place to live. They're redeveloping the naval weapons station near North Concord BART, which is set to add 35-50k new residents to Concord. Downtown is getting a ton of new money coming in, and the low income areas like the Monument BLVD corridor are being primed for gentrification. Also, take into consideration that Concord has two BART stations, borders upscale Walnut Creek and is less than 30 miles from San Francisco. It's going to be considered prime real estate in the next 5 years.

[USCGmkc]

Martinez, Concord, and Hayward.

[SportyandMisty]

Visalia & Buttonwillow.

[Western Urbanite]

East San Jose